388 Frederick St Mount Airy, NC 27030

Building Details

Year Built

1968

Spaces For Lease

at 388 Frederick St Contact us

Listing office WRS Inc Real Estate Investments

Listing date Sep 16, 2022

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Mayberry Mall, totaling 207,542 square feet, is the only enclosed regional mall within a 40-mile radius. The mall benefits from a limited competitive retail environment and draws its customer base from a five-county region extending into southern Virginia, with a population of over 226,624 residents. The mall is located on Andy Griffith Highway (US 54), the area's most heavily traveled thoroughfare, 4.5 miles from 1-74 and approximately one mile from Mount Airy's downtown district. The surrounding area includes tenants such as Lowe's, Big Lots, Food Lion, Lowe's Foods, Staples, Walgreens, and Walmart. Originally completed in 1968, the mall redevelopment was completed in the Summer of 2021. Mount Airy is located in Surry County in the Appalachian foothills, at the crossroads of 1-74 and US Highway 54, 40 miles north of Winston-Salem, 65 miles northwest of Greensboro, and less than 5 miles south of the Virginia-North Carolina state border. WRS Inc. has completed the redevelopment of Mayberry Mall with uses and new retailers that will benefit the community and existing businesses.

Key Highlights

• Only enclosed regional mall within a 40‑mile radius.
• Expansive trade area drawing customers from a five‑county region with over 226,624 residents.
• Located on Andy Griffith Highway (US 54).

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FAQs

What type of property is this?

Shopping center - Only enclosed regional mall within 40 miles for lease.

Where is this shopping center located?

The property is located at 388 Frederick St Mount Airy, NC.

What are key features of this property?

This property features: Only enclosed regional mall within a 40‑mile radius.; Expansive trade area drawing customers from a five‑county region with over 226,624 residents.; Located on Andy Griffith Highway (US 54).